Notice to Members
Notice No. 42
02/07/2005
Exchange Early Closing Schedule for February 18, 2005
Please be advised that the Exchange will close markets earlier on Friday, February 18, 2005, the business day preceding Presidents Day. The following early contract closing schedule will be implemented:

NYMEX DIVISION


Commodity
Closing Range
Palladium Futures 11:58 a.m. - 12:00 noon
Platinum Futures and Options 12:08 p.m. - 12:10 p.m.
Propane Futures 12:13 p.m. - 12:15 p.m.
Heating Oil Futures and Options *12:58 p.m. - 1:00 p.m.
Gasoline Futures and Options *12:58 p.m. - 1:00 p.m.
Light, Sweet Crude Oil Futures and Options 12:58 p.m. - 1:00 p.m.
Henry Hub Natural Gas Futures and Options 12:58 p.m. - 1:00 p.m.
Gasoline & Heating Oil Crack Options *12:58p.m. - 1:00 p.m.
Calendar Spread Options *12:58p.m. - 1:00 p.m.
Average Price Options (APO) *12:58 p.m. - 1:00 p.m.


COMEX DIVISION


Commodity
Closing Range
Aluminum Futures and Options 11:59 a.m. - 12:00 noon
Copper Futures and Options 12:04 p.m. - 12:05 p.m.
Silver Futures and Options 12:04 p.m. - 12:05 p.m.
Gold Futures and Options 12:09 p.m. - 12:10 p.m.


The NYMEX Division Trade Processing Area will close at 3:00 p.m., the allocation system within TMS will be available until 5:15 p.m. The COMEX Division OLTE System will be available for corrections until 2:30 p.m.. In the event that you require additional time to process work, or have questions regarding early close procedures, please call the floor operations department.

* Last Trading Day Spot Month - Option Expiration Procedure

Note:
All e-miNYsm contracts open and close simultaneously with their corresponding big contract.
All NYMEX ClearPortsm trading and clearing contracts will close at 1:00 p.m.
All COMEX Division futures contracts on NYMEX ACCESS® will be available for trading from 12:45 p.m. - 4:30 p.m. for Tuesday, February 22, trade date.
All NYMEX Division contracts on NYMEX ACCESS® will close at their normal time.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com